Between April 2006 and January 2011, the construction industry eliminated more than 40% of its workforce. The construction industry is one that is complex and confusing to anyone on the outside looking in. However, even some people who manage construction sites are not as well-versed with this world as they should be. Any construction site manager that is without a construction attorney is in a dangerous position!
Builders risk coverage is written for a minimum one-year term to cover a new building or structure under construction or an existing structure undergoing additions, alterations, or repairs. This is the type of policy that is essential to any construction site and more often than not, it is very beneficial to have a construction attorney present when crafting these types of policies.